Iralogix is a technology-enabled company that provides paperless, white-label IRA record keeping and technology solutions. Its proprietary, modular platform enables financial institutions to customize IRA offerings and either use internal investment/advisory capabilities or select from industry providers. The company is led by CEO David Bernard and CSO Joe Hipsky and is based in Pittsburh, PA. Iralogix intends to use recent funding to accelerate development of new platform features, expand sales efforts and support rapid growth. Management is targeting and continuing to drive an annual growth rate of over 100%. Iralogix is a Pittsburgh, PA-based cloud-native technology platform that provides white-label IRA product capability to financial services firms. The company offers technology-enabled, fully paperless, white-label IRA recordkeeping and technology solutions under the leadership of CEO David Bernard. Its modular offerings enable partners to launch profitable IRA programs with no account minimums while leveraging institutionally priced investments as well as professional advice and education. Iralogix completed a $7.5M Series B financing to support its growth. The company intends to use the funds to continue to expand operations and its business reach. No operating metrics were disclosed in the article. iraLogix is a cloud-native IRA recordkeeping and trading technology platform offering paperless, white-label IRA products to financial services firms. Led by CEO David Bernard and based in Pittsburgh, PA, the platform provides institutionally priced investment choices and access to professional advice, education, and other financial services with no account minimums. The company targets institutional IRA providers and firms interested in entering the IRA business. It emphasizes a paperless, white-label implementation to enable clients to offer IRA capabilities under their brand. iraLogix intends to use new capital to expand its technology and broaden its institutional client base.

Total raised

$35M

Funding rounds

3

Latest round

Series C

Latest activity

Jul 2022